Tex. Spec. Dist. Local Laws Code Section 7929.203
Bonds for Road Projects

At the time of issuance, the total principal amount of bonds or other obligations issued or incurred to finance road projects and payable from ad valorem taxes may not exceed one-fourth of the assessed value of the real property in the district.

Added by Acts 2015, 84th Leg., R.S., Ch. 59 (H.B. 4132), Sec. 1, eff. May 22, 2015.

Source: Section 7929.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7929.htm#7929.203 (accessed Jun. 5, 2024).

7929.001
Definitions 7929.002
Nature of District 7929.003
Confirmation and Directors’ Election Required 7929.004
Consent of Municipality Required 7929.005
Findings of Public Purpose and Benefit 7929.006
Initial District Territory 7929.051
Governing Body 7929.052
Temporary Directors 7929.101
General Powers and Duties 7929.102
Municipal Utility District Powers and Duties 7929.103
Authority for Road Projects 7929.104
Road Standards and Requirements 7929.105
Compliance with Municipal Consent Ordinance or Resolution 7929.151
Elections Regarding Taxes or Bonds 7929.152
Operation and Maintenance Tax 7929.153
Contract Taxes 7929.201
Authority to Issue Bonds and Other Obligations 7929.202
Taxes for Bonds 7929.203
Bonds for Road Projects

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Accessed:
Jun. 5, 2024

§ 7929.203’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._spec._dist._local_laws_code_section_7929.203

Original Source: Section 7929.203 — Bonds for Road Projects, https://statutes.capitol.texas.gov/Docs/SD/htm/SD.7929.htm#7929.203 (last accessed Jun. 5, 2024).

Tex. Spec. Dist. Local Laws Code Section 7929.203 Bonds for Road Projects

Tex. Spec. Dist. Local Laws Code Section 7929.203
Bonds for Road Projects